Extremely undervalued biotech stock
Added 2021-02-03 12:03:49 +0000 UTCHey Patreons,
I was on Benzinga live yesterday and talked about a very exciting biotech company, which is currently extremely undervalued, in my opinion. The company is trading under the ticker BCRX and is called BioCryst Pharmaceuticals, Inc. The current price is $10.53 as of February 2, 2021. I think the realistic price for this stock should be around $18, within the next 6-12 months. FYI - I purchased a few thousand share yesterday at $10.43 so its important to disclose that.
Comments
Hi @Tom are you still holding on to BCRX or is this time to get out.
SP
2021-03-11 16:26:31 +0000 UTC@Ani Popescu try finviz https://finviz.com/quote.ashx?t=BCRX
Costin Lungu
2021-02-17 19:25:26 +0000 UTChi @lyubomir Great seeing your research. I am new ..please can you share where you are following up the short interest on stocks? Thanks
Ani Popescu
2021-02-16 08:53:32 +0000 UTCOK, I read a bit about this company and I was going to buy some shares but then I saw the Short Interest which at the moment is 20.17%. I wonder what do you think about that, Tom? Isn't that a bit risky? This percentage seems a bit higher to me.
Lyubomir
2021-02-08 20:13:14 +0000 UTC"I purchased a few thousand share yesterday at $10.43 so its important to disclose that. " I actually understood from this sentence that you bought 2k shares @20k$. Is it my english or...? π€
Mr Makuffa
2021-02-08 16:38:40 +0000 UTCThanks Tom π€π»
Ionut Bacalu
2021-02-08 16:18:48 +0000 UTCHere you go. Bought it for days ago. Still holding lol
Generico Fakero
2021-02-08 16:11:47 +0000 UTC<img src="https://c10.patreonusercontent.com/4/patreon-comment/eyJ3IjoxNjAwfQ%3D%3D/8sUDwaZBpEBxxwsLqLBE6tTocHOVXbBtL8FgFW5RoEf0zNRNjcNf7_9bpGr4iPvE.jpg?token-time=1740441600&token-hash=GLWWoVtM8WcBmXsb-ro8y1_h3YAppCIm5UcW1Oeiqxo%3D"><br>
Generico Fakero
2021-02-08 16:10:54 +0000 UTCI also trust him, thatβs why Iβve became patron, but I would trust him even more if he provide us some evidence that he is buying what heβs buying!
Ionut Bacalu
2021-02-08 16:01:42 +0000 UTCWhy a screenshot? If it's to prove anything, it's easy to generate a fake one. I thrust Tom on this. Maybe when he says publicly he buys something he could say when he sells it.
Charles Pare
2021-02-08 15:58:13 +0000 UTCHello Tom, when you are buying stocks, could you please share with us a screenshot of the trade? Many thanks!
Ionut Bacalu
2021-02-07 19:19:39 +0000 UTCI bought this stock in blind trusting Tom's recommendation but the more I research on it to more I realize that there is like a cult following for this stock and some drama there also. Oh...and don't forget about the short selling. What did you guys find?
Costin Lungu
2021-02-06 14:08:54 +0000 UTCThe support line was at 9.50
Costin Lungu
2021-02-05 17:34:49 +0000 UTCThere's talk on reddit wallstreetbets about bcrx...
Costin Lungu
2021-02-05 06:37:44 +0000 UTCbough today ! Thank you Tom!
Fabien Nicolas
2021-02-04 22:46:15 +0000 UTCguy should I buy the dip now its on 9.64 ? or wait
yazan
2021-02-04 22:12:32 +0000 UTCPersonally I prefer a long play. I keep a small amount to gamble but for the majority of the money I prefer safety. I will buy more as soon as o have the chance.
Costin Lungu
2021-02-04 16:09:12 +0000 UTCItβs a long term play, not really relevant if you like the stock. Entry price is only important or day trading and swing trading which I know nothing about
Generico Fakero
2021-02-04 15:40:44 +0000 UTCDropping nicely. Shoulda waited a bit. @tomnash whatβs your take on it? Should we average down or hold.
Elie Bellama
2021-02-04 15:35:18 +0000 UTCIn for $5k as soon as you pick lol
Aryn Nakaoka
2021-02-04 06:02:00 +0000 UTCItβs an early stage company so the financials wouldnβt be of much use here
Generico Fakero
2021-02-04 05:18:30 +0000 UTChttps://seekingalpha.com/news/3656590-biocryst-climbs-after-being-named-the-most-undervalued-stock-in-the-market
Costin Lungu
2021-02-03 19:38:38 +0000 UTChttps://seekingalpha.com/news/3657683-biocryst-climbs-after-fda-approval-for-rapivab-in-infants
Costin Lungu
2021-02-03 19:38:01 +0000 UTCIt's interesting that after good news it dropped
Costin Lungu
2021-02-03 19:35:22 +0000 UTCim in lets play :)
Rbix10
2021-02-03 19:31:04 +0000 UTCCan you share a screen shot please?
Mohamed
2021-02-03 19:27:40 +0000 UTCIMO the goal is not to pump a stock (and cause harm to the bagholder) but to find undervalued stocks so everyone is winning when mr. marker discovers the real value of the company
Charles Pare
2021-02-03 18:27:41 +0000 UTCWe can ask all the patreons to join in and pull a wallstreetbets on it :))))
Costin Lungu
2021-02-03 16:00:18 +0000 UTCJust kidding I jumped in too soon lol. It will come back though. Not so worried
Elie Bellama
2021-02-03 15:46:40 +0000 UTCCan someone please help me understand what causes these huge fluctuations after and premarket?
Costin Lungu
2021-02-03 15:46:08 +0000 UTCThe dip?
Costin Lungu
2021-02-03 15:45:34 +0000 UTCLooking forward for the dip to sell
Elie Bellama
2021-02-03 15:39:26 +0000 UTCBuy 2000 shares at 11.20
Elie Bellama
2021-02-03 15:39:01 +0000 UTCThat Japanese approval was granted more than a week ago: https://www.zacks.com/stock/news/1251300/biocryst-bcrx-wins-japanese-approval-for-hae-drug-orladeyo?cid=CS-MKTWTCH-HL-analyst_blog|company_news_-_medical_sector-1251300&mod=mw_quote_news
Marco Nierop
2021-02-03 15:17:44 +0000 UTCWe benefited from yours and we thank you for taking the time
Costin Lungu
2021-02-03 15:12:41 +0000 UTCTom did a youtube live with Jason Raznick recently so Im assuming that Tom went on Benzinga to reciprocate.
Bruce Turnbull
2021-02-03 15:11:33 +0000 UTCSold all the Nio and bought this. Fingers crossed. :))
Costin Lungu
2021-02-03 15:07:51 +0000 UTCThanks for putting on Patreon first :-)
Charles Pare
2021-02-03 14:57:50 +0000 UTC400 shares at $10.68
Bruce Turnbull
2021-02-03 14:50:00 +0000 UTCAgree
Mr Makuffa
2021-02-03 14:28:32 +0000 UTCBut live on Bezinga? what is that all about?!
Marco Nierop
2021-02-03 14:27:52 +0000 UTCDon't chase. Wait for a healthy pullback around yesterday's close, if possible (filling the gap)
Robert Tillung
2021-02-03 14:14:01 +0000 UTCOK, I will open a position too, will close an ADBE position for that, which has disapointed me quite a bit.. Lets see if this one does better. Looked over the latest 10Q, but financials and balance sheet are not really stellar, not that they would go bankrupt or something, but still a losing business.. But that might change if that Japanese approval comes out and the EU also approves that one or 2 medicines they have right now. This should boost their revenues the next few quarters. Also read the Januari 2020 presentation, Patients really like the medicins and are improving their lives tremendously, over 70% of the patients would take their pills, over existing medication administered with injections, also it improves the rate of HAE attacks (whatever that is LOL!). So when it is approved in more places around the world it should generate a lot of cash. Plus it is a medicine that patients should take on a daily basis, so revenues should grow, and grow, with little chance of decline. OK, I did my own research, how about you guys!
Marco Nierop
2021-02-03 14:02:17 +0000 UTClook at the short interest % - that is why the price is so low. its 20% shorted!
Generico Fakero
2021-02-03 13:52:21 +0000 UTCwhere in the benzinga stream did they talk about this company? Thanks!
Poom C
2021-02-03 13:35:34 +0000 UTCThere's still an ugly gap in chart... It was partially closed, but between 9.06 and 9.45, it's still open,no?
Mr Makuffa
2021-02-03 12:48:22 +0000 UTCI dipped in at 400 shares. I'll take a 20% pump this week for sure then scale back so I can re-deploy to my basic strategy.
Loren Saunders
2021-02-03 12:31:45 +0000 UTCLove that you bought a few thousand... that's a pretty good indicator of your confidence level.
Loren Saunders
2021-02-03 12:25:01 +0000 UTCJust bought at 11.1
Avi Zloof
2021-02-03 12:23:26 +0000 UTCDears, you should check TransEnterix inc. They were about 100usd stock, went down to 1usd, now they have changed ceo and business model simmilar to BNGO. Now theybare installing surgeon robots free to hospitals and charge for tools, soft and etc. Now it is back to 3usd +
Mantas LukoΕ‘iΕ«nas
2021-02-03 12:12:56 +0000 UTCI can also see in august 2019, stock dropped all the way to 1.9 and really only picked up post pandemic rally. Did you find any interesting facts about fundamentals changes in the company?
Jerome Van Herpe
2021-02-03 12:09:30 +0000 UTCPre Market 11.90 +1.37 +13.01% Crazy...
Mr Makuffa
2021-02-03 12:07:25 +0000 UTCAnd it's already up by 11%
Costin Lungu
2021-02-03 12:05:49 +0000 UTCCan you give some insights on why you would think that? Or are you reserving this for one of your video?
Jerome Van Herpe
2021-02-03 12:05:06 +0000 UTC